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Geopolitical Escalation Failed to Spark Oil Price Rally Again as the U.S. Keeps Pumping at Record Levels
Jan 15, 2024
An early rise in crude oil prices was short-lived on Friday, with futures ending the week lower as tensions in the...
Invesco Energy Exploration & Production ETF (PXE) Looks Like the Best Choice among Peer Energy ETFs
Dec 04, 2023
Amid growing geopolitical tensions and rising demand for fossil fuels, which is typical for wartime energy consumpt...
Oil Markets Seem to Be Disappointed by OPEC’s Lower-than-Expected 1 Million Barrels per Day Cut
Dec 01, 2023
OPEC+ agreed to deepen its production cuts following an unexpectedly lukewarm performance of crude prices and predi...
Sources Say OPEC+ Will Discuss on Further Oil Production Cuts Ranging from 1 Million to 2 Million Barrels per Day
Nov 30, 2023
Commodities portfolio managers remain generally pessimistic about crude oil prices ahead of the now-postponed OPEC+...
Russian Ruble Forecasted to Stay Strong, Supported by Exporters’ Revenue Repatriation and Stabilization of Crude Prices
Nov 13, 2023
The Russian ruble further strengthened against both USD and EUR on Monday, November 13, with USDRUB pair dropping t...
Energy Select Sector SPDR Fund (XLE) as a More Vibrant Option for Oil Price Growth Aware Investors, than United States Oil Fund (USO)
Oct 30, 2023
The energy sector has been one of the best areas in the market for both growth and value investors to allocate capi...
New Israeli-Hamas Events Point to Increasing Chances of Further Oil Price Spikes
Oct 18, 2023
Tension escalated in the Middle East after hundreds were killed in a blast at a Gaza hospital, sparking concerns ab...
HAMAS-Israeli War Oil Impact: ‘There is Definitely Going to Be a Fear Trade Put in Place’
Oct 09, 2023
Markets are braced for a continuous ascension of oil prices after Hamas launched a deadly terrorist attack on Israe...
WTI Crude Oil Hits its 10-months High on OPEC+’s Decision to Extend Production Cuts
Sep 06, 2023
U.S. oil futures settled Tuesday at their highest level since November, propped up by news that Saudi Arabia and Ru...
Oil Prices Accumulated Critical Count of Bullish Factors, so The Question isn’t If but When
Aug 15, 2023
Brent prices have now registered seven consecutive weeks of gains as tighter fundamentals continue to lay a stronge...
BlackRock Energy & Resources Trust – a Nice Play with an Ongoing Oil Price Renaissance
Aug 14, 2023
Oil prices keep advancing for seven straight weeks, and it's becoming increasingly clear that this current rally is...
Saudi Aramco's Q2 Net Income Plunges 38 Percent to $30B
Aug 08, 2023
Saudi Arabian oil giant Saudi Aramco on Monday, August 7, reported a net profit of $30.1 billion in Q2 of fiscal 20...
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